Infrastructure Leasing and Financial Services Limited (IL&FS) has partnered with SB Energy Holdings Limited (SoftBank) to develop grid connected solar parks across India. IL&FS and SB Energy will facilitate development of solar parks with aggregate capacity of more than 20 GW by 2025.

As per the agreement, IL&FS will be developing solar park infrastructure such as substations, grid connectivity and arrangements for long term access for power evacuation in addition to other value added services. SB Energy will handle the installation, engineering, procurement, construction and financing of these solar projects.